Corporate Controller

Formerra•Cleveland, OH

1d•Hybrid

About The Position

Formerra leads in the market with the following key capabilities: Problem-solving mindset, based on ingenuity and backed by a skilled and experienced commercial team that brings differentiated insights across markets including healthcare, consumer, industrial and mobility Expansive material portfolio, including engineering thermoplastics and traditional polymers across leading material brands Integrated, long-standing relationships with leading, global suppliers Unparalleled and highly specialized technical, processing, and design support Regulatory-compliant material support and expertise Position Overview: The Corporate Controller oversees consolidated financial statement preparation process, global accounting policies and reporting procedures. Provides leadership to global accounting team and performs ad-hoc management reporting and analysis as required by senior management group and the various functions. Works with auditors, maintains internal control compliance and manages department budgets. Additionally, this role acts as a key business partner to various functional teams and senior leadership, ensuring the financial strategy aligns with the overall business objectives.

Requirements

Bachelor’s degree in accounting or related field
10+ years’ experience in accounting, financial management, financial systems, financial reporting, financial principles, financial analysis, accounting, budget management, strategic planning, and managing direct reports.
Strong internal customer orientation and customer centricity.
Demonstrated continuous improvement focus.
Excellent oral and written communication skills.
Flexibility to handle changing requirements and multiple projects.
Excellent time management skills with a proven ability to meet deadlines.
Strong analytical and problem-solving skills.
Strong communication skills with team, peers, CFO and leadership team.
Ability to prioritize tasks and to delegate when appropriate.
Ability to function well in a fast-paced and dynamic environment.
Proficient with Microsoft Office Suite or related software.

Nice To Haves

SAP and One Stream experience, beneficial but not required.

Responsibilities

Management of Global Accounting Teams: Manages the corporate team (accounting, AR and AP) as well as accounting teams in Mexico and Ireland. Each region has a controller leading the local accounting who then reports to this role. Ensures alignment and integration of accounting policies across regions to drive consistency in reporting and compliance
Leadership and Team Development: Direct reports include corporate team of an accounting manager, AP manager, and AR manager, as well as Regional Controllers in Mexico and Ireland. Cultivates a high-performing, collaborative team culture across regions, focusing on developing talent and cross-functional collaboration.
Cross-function Business Partnering: Partners closely with the Director of FP&A, Global Senior Manager Treasurer and Global Tax Director, collaborating on consolidated management reporting, including the Board of Directors, budgeting, forecasting of costs, cash flow forecasts and information required for tax provisions and compliance. Works with business leaders to provide financial insights that inform strategic decisions, ensuring financial objectives align with overall business strategy.
Implementation of Accounting Standards & Policy: Oversees the implementation of new accounting pronouncements and reviews unusual transactions for appropriate accounting and disclosure. Provides advisory support to senior management and other functional leaders on the impact of accounting changes to business operations and financial results.
Statutory Reporting & Compliance: Oversees statutory reporting requirements and government compliance reporting across regions, ensuring timely and accurate submissions to regulatory bodies. Partners with tax and legal teams to ensure compliance with evolving tax laws and global regulatory standards.
Integration of Corporate and Regional Accounting Operations: Oversees the activities of the Corporate Accounting Department (general ledger, accounts payable and accounts receivable) for integration of all accounting issues and services, including the accurate and timely financial statement production, billing and account statement production and disclosures, specifically related to the U.S., Canada and Puerto Rico entities as well as corporate entries, consolidation entries and coordination on intercompany with other countries.
System and Control Enhancement: Establishes and maintains robust systems and controls to verify all systems, process, and data, enhance the Company’s value. Works with IT and other business units to streamline accounting processes and improve system automation for better accuracy and efficiency.
Reserve and Valuation Oversight: Review and assessment of valuation reserves (e.g. accounts receivable and inventory) environmental reserves, restructuring, incentive compensation, workers’ compensation, self-insurance reserves and asset impairments (e.g., goodwill and intangibles). Collaborates with functional leaders to ensure adequate reserves are recorded for risks and contingencies, with clear communication to leadership on the impacts to the business.
Equity Transactions & Stock Compensation: Leads the accounting for equity transactions, stock compensation and re-purchase accounting. Provides strategic advice to senior management on the financial implications of equity-based compensation and other related transactions.

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